Monday, July 7, 2008

Looking Ahead to GE’s Earnings

From MarketBeat:

General Electric’s second-quarter earnings, due Friday, should keep investors’ nerves frazzled this week. The longtime earnings overachiever shocked the market in April with a bad first quarter, and now the question is whether a similar sequel is coming. After unveiling first-quarter earnings, GE shares fell just shy of 13%, their worst one-day percentage decline since the October 1987 stock-market crash....MORE